Binance’s Bitcoin Holdings Increase by 2.99%… Ethereum Drops by Nearly 10%

Source
Suehyeon Lee

Summary

  • According to Binance’s 33rd Proof of Reserves report, as of August 1, the Bitcoin (BTC) holdings had increased by 2.99% compared to the previous month.
  • It was reported that the Ethereum (ETH) holdings decreased by 9.84% from the previous month.
  • The Tether (USDT) holdings increased by 0.87%, resulting in a rise of approximately 258,000,000 USDT.
Photo = Wu Blockchain
Photo = Wu Blockchain

Binance has released its 33rd Proof of Reserves report.

According to Binance’s Proof of Reserves report on the 7th (local time), as of August 1, user Bitcoin (BTC) holdings totaled 591,000, up 2.99% (17,100 BTC) from the previous month. In contrast, Ethereum (ETH) holdings decreased by 9.84% to 4,555,000, which means a drop of about 496,000 ETH from the previous month.

For Tether (USDT), the total holdings reached 29,850,000,000 USDT, an increase of 0.87% from the previous month. This represents a rise of about 258,000,000 USDT.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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